Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
OIL TECHS: NYMEX WTI: (X17) Bulls Need Close Above $49.79
*RES 4: $50.75 - 200-DMA
*RES 3: $50.53 - Hourly support Oct 6a now resistance, 21-DMA
*RES 2: $50.16 - Hourly support Oct 6 now resistance
*RES 1: $49.79 - High Oct 9
*PRICE: $49.64 @ 0430GMT
*SUP 1: $49.10 - Low Oct 6
*SUP 2: $48.96 - High Sept 12 now support
*SUP 3: $48.30 - 100-DMA
*SUP 4: $47.95 - Daily Bull channel base
*COMMENTARY: Despite pressure returning to $51.22-77 last week bulls failed to
trouble this region with the sell-off seeing immediate focus on $47.39-49.10
this week. Overall bears need a close below $47.39 to confirm initial focus on
$45.52-46.14 with below $45.52 to target $42.80 June lows. Layers of resistance
are weighing with bulls now needing a close above $49.79 to gain breathing room
and above the 200-DMA to pressure $51.22-77 once more.